9 / 21 Relevant items tagged with #LEGAL
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Class Action Lawsuit Claims Coinbase Operates as Unregistered Broker
[May 5, 2024 8:19 AM] A new class action lawsuit was initiated against the San Francisco-based cryptocurrency exchange Coinbase on May 3. The legal action claims that Coinbase deliberately sold securities that are unregistered with regulatory authorities. Additionally…
Buenos Aires Targets Worldcoin With Eye Scanning Biometric Bill
[May 3, 2024 8:13 PM] A bill that seeks to regulate the activities of companies that scan the eyes of their users, like Worldcoin, has been recently introduced in Buenos Aires. The law aims to protect the app users’ rights and help them to secure and determine the…
Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase
[May 1, 2024 3:20 PM] Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and…
DOJ Arrests Early Bitcoin Investor Roger Ver, 'Bitcoin Jesus,' on Charges of Tax Fraud
[Apr 30, 2024 2:59 PM] Roger Ver, a prominent early investor in Bitcoin and famously dubbed “Bitcoin Jesus,” has been indicted by the Department of Justice (DOJ) on charges of mail fraud, tax evasion, and filing false tax returns. Ver was arrested over the weekend in…
Bitcoin.com Addresses Charges Against Early Investor and Founder Roger Ver
[Apr 30, 2024 2:52 PM] On April 30, 2024, the U.S. Department of Justice (DOJ) detained Roger Ver, a trailblazing investor in bitcoin, on accusations of tax evasion and submitting fraudulent tax returns. The following update is accompanied by a statement from Bitcoin.com…
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
[Apr 30, 2024 1:35 PM] The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from…
Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond
[Apr 29, 2024 2:05 PM] NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a Manhattan courtroom on Monday.
Samourai Wallet: Breaking Down Dangerous Precedents
[Apr 29, 2024 9:03 AM] On Wednesday, the founders of the Bitcoin privacy wallet Samourai Wallet were arrested and charged on behalf of the US Government. The indictment could set dangerous precedents beyond Bitcoin privacy services.“If your government is worried about…
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation
[Apr 28, 2024 9:38 PM] Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court…
DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer
[Apr 27, 2024 5:31 PM] In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its…
EU Parliament Adopts AML Laws Regulating Bitcoin Based On Questionable Assumptions
[Apr 26, 2024 10:03 AM] The European Parliament adopted a new AML law package which increases the reporting requirements of crypto asset service providers (CASPs) when sending and receiving ‘anonymous’ payments between self-hosted wallets and custodial service providers…
‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations
[Apr 25, 2024 2:09 PM] In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a…
A Further Crackdown On Bitcoin Mixing Services Will Hurt Human Rights Activists
[Apr 25, 2024 10:43 AM] Yesterday, the US Department of Justice (DOJ) charged Keonne Rodriguez and William Lonergan Hill, co-founders of Samourai Wallet, a privacy-focused bitcoin wallet that also serves as a mixer, with money laundering and operating an unlicensed money…
Samourai Did Nothing Wrong, Self Custodial Tools Are Not Money Transmitters
[Apr 25, 2024 9:45 AM] An announcement was put out today by the Justice Department that Keonne Rodriguez and William Hill had been arrested and charged with operating Samourai Wallet, “an unlicensed money transmitting business” that executed “unlawful transactions.”Fuck
SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs
[Apr 24, 2024 11:38 PM] The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and…
The State Of Things: Open Source Developers Arrested For Writing Code
[Apr 24, 2024 3:05 PM] In light of the charges brought against Keonne Rodriguez and William Lonergan Hill for their alleged operation of Samourai Wallet, I believe it is important for Bitcoiners to assess the current state of things. Too much of the discourse in Bitcoin…
Open Source Justice Manifesto
[Apr 24, 2024 10:50 AM] The Open Source Justice Foundation is a 501(c)(3) tax-exempt public charity dedicated to spreading access to justice globally through open-source protocols and technology. Learn more about OSJF's work at opensourcejustice.org.Most people in the…
The Patriot Act 2.0
[Apr 24, 2024 9:45 AM] Edward Snowden has called the recent renewal of FISA 702, “the biggest encroachment on your privacy rights since the Patriot Act.” In the middle of the night, in secret, the US Senate voted to renew FISA Section 702 as a part of a broader bill…
Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case
SEC Lawyers Resign After Judge Sanctions the Regulator for ‘Gross Abuse of Power’
FTX Founder Bankman-Fried Agrees to Settlement, Aids Legal Action Against Celebrities
[Apr 20, 2024 11:37 PM] In a significant turn of events, former FTX CEO Sam Bankman-Fried has agreed to a settlement with investors, providing crucial cooperation in ongoing lawsuits against high-profile celebrities. The settlement, pending court approval, could mark a…
Report: Mango Markets Exploiter Convicted in Multi-Million Dollar Crypto Fraud Case
Worldcoin Faces Over $1 Million in Fines in Buenos Aires for Legal Violations
[Apr 15, 2024 3:37 PM] Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users’ digital information. Buenos Aires…
Coinbase Challenges SEC’s Definition of ‘Investment Contracts’ in Crypto Transactions
[Apr 14, 2024 10:33 PM] In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes…
Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges
Venezuelan Probe Unveils Crypto Money Laundering Scheme Linked to Oil Sale Embezzlement; Kraken Involved
[Apr 11, 2024 11:36 PM] The Venezuelan Attorney General, Tarek William Saab, unveiled the second wave of detentions linked to a crypto money laundering scheme derived from unregistered oil sales paid in different currencies and crypto. The former president of the…
Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence
[Apr 11, 2024 7:36 PM] Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move…
Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet
[Apr 10, 2024 11:37 PM] The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022…
Former Ethereum Adviser Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges
[Apr 10, 2024 2:15 PM] The former Ethereum adviser has retained well-known civil liberties lawyer Alan Dershowitz to serve as a consultant on constitutional issues in the case.